Hohman Robert 4

What Happened
Robert Hohman, a director of Nextdoor Holdings (NXDR), converted 60,975 restricted stock units (RSUs) into 60,975 shares of Class A common stock on May 1, 2026. The reported acquisition price was $0.00 (no cash paid); the filing also shows the corresponding derivative instrument was canceled/converted (reported as a disposition of a derivative at $0.00). This was not an open‑market purchase or sale of stock but the vesting/conversion of compensation awards.

Key Details

• Transaction date: 2026-05-01. Report filed with the SEC on 2026-05-11 (appears late vs. the usual 2-business-day Form 4 deadline).
• Amounts/prices: 60,975 shares acquired at $0.00; matching 60,975 derivative units disposed at $0.00. Transaction code M = exercise/conversion of a derivative.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1–F3 describe these instruments as RSUs (one RSU = one share upon vesting), vesting schedule was half on May 1, 2025 and the remaining half on May 1, 2026, and the RSUs do not expire.
• No indication shares were immediately sold (no cashless exercise or market sale reported).

Context
This is a routine conversion of vested RSUs into common shares as part of compensation/awards rather than an active buy or sell that signals a trading view. For retail investors, purchases can be more informative about insider sentiment; conversions/vestings generally reflect scheduled compensation vesting. The delayed filing reduces timeliness for investors monitoring insider activity.